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Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
Finder’s Bitcoin Prediction Survey Shows Respondents Forecast Six-Digit BTC Prices
27.4.2021
The comparison website that operates in 83 countries, finder.com, has recently published its quarterly bitcoin price prediction report for 2021 and the panellists are very optimistic about bitcoin’s future value. A number of Finder’s panel of 35 fintech specialists believe that bitcoin...
Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years
12.4.2021
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just...
Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His Expectations
17.2.2021
Gold bug Peter Schiff has revised his bitcoin prediction after the price of the cryptocurrency exceeded his expectations, reaching an all-time high above the $50K level. He now says, “I must admit that a move up to $100,000 can’t be ruled out.” Nonetheless, the long-term bitcoin...
Morgan Stanley: Cryptocurrencies Here to Stay as Serious Asset Class, Bitcoin Making Progress to Replace Dollar
15.2.2021
Morgan Stanley’s chief global strategist says that “regardless of where the price of bitcoin goes next, cryptocurrencies are here to stay as a serious asset class.” He added that bitcoin is making progress towards replacing the dollar as a medium of exchange. Morgan Stanley...
Pantera Capital CEO doubles down on $115K Bitcoin prediction for 2021
14.1.2021
Pantera Capital CEO Dan Morehead believes that propelled adoption will drive the Bitcoin price above $100,000 by August 2021
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
22.12.2020
JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...
Citibank makes tentative $318K Bitcoin prediction for December 2021
16.11.2020
However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high
Henry Ford’s Energy Standard: A 100-Year Old Bitcoin Prediction
14.11.2020
Henry Ford. On December 4, 1921, The New York Tribune published a story detailing a plan by inventor Henry Ford, founder of the Ford Motor Company, to replace the existing gold-backed currency system into one based on an “energy currency.”
This article delves into Ford’s ambitious plan and...
Big Bitcoin prediction, OKEx spooks markets, Ripple exec’s crippling mistake: Hodler’s Digest, Oct. 12–18
19.10.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year
30.7.2020
Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency. Mike Novogratz’s...
It’s Too Early to Revise USD 20K per Bitcoin Prediction - BitPay CCO
6.3.2020
Source: iStock/Bychykhin_Olexandr
Following warnings in January that “unforeseen incidents” may occur and potentially affect bitcoin (BTC) price, the Chief Commercial Officer (CCO) of major crypto payment processor BitPay, Sonny Singh, now says that the Coronavirus could be such an incident....
John McAfee Supports Peter Brandt’s $50,000 Bitcoin Prediction Despite its Recent Decline
1.10.2019
Bitcoin owners are having a hard time for the past few days as the apex cryptocurrency has fallen to a new six month low. After reaching the yearly peak around $12,500 on June 09, it has now fallen below $8,000, and that too after months of being stagnant between $9,500 –$10,500. This has again...
Bitcoin will Cross $20K Mark By the End of This Year, Predicts Founder-CEO of ShapeShift
10.9.2019
The market for Bitcoin is showing great positivity. At the moment of writing, the number one cryptocurrency is trading at USD 10,288.59, as per CoinMarketCap data. While traders are finding it difficult to predict which direction BTC is going to go next, Erik Voorhees, the Founder & CEO...
Rise Of Bitcoin Hash Rate To All-Time High Indicates That Price Will Rise, Says Max Keiser
20.8.2019
Bitcoin hash rate broke yet another all-time high on Monday after it peaked at 82.5 TH/s. This is an indicator that Bitcoin price will rise to its all-time high very soon, Max Keiser stated. He tweeted that price follows hash rate, and hence the price will increase as the hash rate is at a 9year...
Bitcoin Price Likely to Hit $15,000 Soon, Predict Financial Experts
9.8.2019
One of the primary purposes behind Bitcoin (BTC) picking up recognition as a safe-haven asset is, it permits speculators to invest money in cryptocurrency when the markets look wavering. With advancing trade pressures between the United States and China, just as developing vulnerability around...
John McAfee Still Confident About $1 Million Bitcoin Prediction, Even After Drastic Fall
15.7.2019
Bitcoin‘s volatility continues to haunt, as the coin closed at the lowest on Sunday since June 23, at $10,234. However, John McAfee feels that investors shouldn’t be bothered about these fluctuations. He also said that he was still positive about his prediction that Bitcoin will touch the...
After Endorsing McAfee’s $1 Million Prediction, Keiser Doubles Own Prediction
11.7.2019
Since its horrible run ended earlier in February this year after a losing spree of six months, Bitcoin (BTC) has been on a bumper rally and has more than tripled in the last four months. This has led to several bullish predictions throughout the market, some sensible, while others too good...